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1018 West Roscoe Street

Sarita Scherpereel & Michael Hall Facilitate $1.1 Multifamily Sale In Chicago
SOLDMultiFamily

Sarita Scherpereel & Michael Hall Facilitate $1.1 Multifamily Sale In Chicago

1018 West Roscoe Street

$1,100,000

Building Size

Asset Type

MultiFamily

Closing

Mar 29, 2024

AI

A multi-family property located at 1018 West Roscoe Street in Chicago was sold for $1,100,000. The property consists of three units, with each unit priced at approximately $366,667. The asset, situated in Lakeview, offers various amenities such as in-unit laundry, private decks, and parking spaces that are rented out through the SpotHero App.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,100,000
  • Address: 1018 West Roscoe Street
  • Market: Chicago
  • Units: 3
  • PPU: $366,667

Sarita Scherpereel from GC Realty and Development represented the buyer during the transaction, while Michael Hall from Baird & Warner acted as the seller's representative in the sale of the property.

Players

Sarita Scherpereel

GC Realty & Development

Broker

$5.9M

vol

5 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93